eKYC

Reserve Bank of India has shown interest in allowing new ways and methods to verify customers - and this includes live video-based KYC. Why is it required? And how this will happen?

After several credible and traditional news publications had shared reports that free banking services in public sector banks shall cease to exist after 20th January 2018, the Indian Banks’ Association (IBA) has clarified that no such thing…

This is a question of ethics, more than legality. This is about brutally destroying your customer’s trust, in order to romp up random numbers. This is wrong, and this has to stop. An Airtel user from Sirsa, Haryana has alleged…

A few days back, when Finance Minister Arun Jaitley said that Aadhaar would be the only card required in India, he was certainly no kidding. Aadhaar has been now made compulsory for getting a new mobile connection, and all telecom…

As per current norms established by Employees’ Provident Fund Organization (EPFO), 20 days is the stipulated time taken by them to settle Provident Fund claims and to deposit the money into the employee’s bank account. The last and only…

Govt of India is eager to bring down the time required for registering within tax regime - be it PAN Card or the very process of filing taxes. As per new reports coming in, Central Board of Direct Taxes, which oversees and controls…

During a hearing, Govt. of India has informed Supreme Court that every mobile phone in India would be linked with Aadhaar database within a year. Besides, a plan has been proposed which will make Aadhaar based KYC every time a pre-paid…